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	FT.com / By industry / Energy Utilities Mining - Sinopec earnings face pressure this year (Site not responding. Last check: 2007-10-26)
		Sinopec, which maintains refining capacity of about 2.9 million barrels a day, roughly doubled net earnings to 9.37 billion yuan ($1.13 billion) in the final quarter, based on Reuters calculations using full-year and ninth-month data.
		Sinopec said it aimed to produce 39 million tonnes of crude in 2005, versus 36.3 million tonnes of crude sold in 2004.
		Sinopec?s chemicals division more than doubled operating income in 2004 to 25.1 billion yuan as the company raced to put out the materials used in everything from automobiles to appliances to satisfy demand in an economy that grew 9.5 percent in 2004.
	news.ft.com /cms/s/2e33a4aa-9ff2-11d9-b355-00000e2511c8.html (788 words)

	Alexander's Gas & Oil Connections - Sinopec centralizes refinery expansion program (Site not responding. Last check: 2007-10-26)
		Under the program, Sinopec will initiate expansion plans for its refineries and have the final say on whether expansions are needed, the official said.
		Sinopec also plans to expand refineries in coastal areas to enable them to process more high sulphur crudes imported from the Middle East.
		Most of Sinopec's refineries are located in the east and south of the country.
	www.gasandoil.com /goc/company/cns41202.htm (291 words)

	CNN.com - Sinopec posts 36% profit jump - Oct. 28, 2003
		Sinopec said Wednesday it planned to buy the largest ethylene production complex in South China for 3.3 billion yuan in cash from its parent, as it hoped to tap an upturn in the petrochemical margin cycle which is expected to peak in 2005 and 2006.
		Sinopec also raised its capital expenditure in 2003 by 15 percent to 43.32 billion yuan as it wants to boost reserves, increase oil and gas production amid high oil prices and strengthen its refining capacity.
		The decline in Sinopec's oil selling price was in line with that of China's No.1 oil and gas producer PetroChina Ltd, which reported in mid-October that its oil selling price fell slightly to $27.36/bbl as of the end of the third quarter, against $28.10/bbl in the second quarter.
	edition.cnn.com /2003/BUSINESS/10/28/china.sinopec.reut (346 words)

	CNN.com - Sinopec eyes $1.2B in record share sale - June 22, 2001
		Sinopec plans to use about $780 million (6.45 billion yuan) of the proceeds from the offering to finance its acquisition of a 100 percent stake in Sinopec National Star Petroleum from its parent.
		Sinopec said the issue price of the A shares would be within a fixed range, and determined by the book-building process.
		Sinopec also said it forecasts its net profit for the year ending December 31, 2001 to be $2.2 billion (18.02 billion yuan), up from $1.95 billion (16.15 billion yuan) in 2000.
	archives.cnn.com /2001/BUSINESS/asia/06/22/hk.sinopecsharelisting (420 words)

	BBC NEWS \| Business \| Sinopec plans $553m asset swap
		Sinopec revealed a $553m (£301m) asset swap with its parent firm, giving it more petrochemical plants and extra petrol stations.
		Sinopec said the deal was designed to achieve "rapid expansion of the scope of the core business".
		Sinopec, which remains 77% state-owned, is typical of Chinese firms in nationally important industries in being created from disparate enterprises.
	news.bbc.co.uk /1/hi/business/3974395.stm (323 words)

	SudanTribune article : Chinese Sinopec looks to future in deepwater oil (Site not responding. Last check: 2007-10-26)
		Sinopec now feels the potential for finding large oil and gas deposits may be greater in deepwater areas in the Gulf of Mexico, the Caribbean Sea offshore Brazil than it is in domestic onshore fields and China’s offshore waters, a source at Sinopec said.
		Sinopec is eyeing a partnership with Brazilian oil firm Petrobras, known for its extensive experience in deepwater drilling.
		Sinopec plans joint designing, engineering, provisioning, and construction of the Gasene, a natural gas pipeline that is to link the municipalities of Cabinas in the state of Rio de Janeiro and Catu, in Bahia, as well as gas compression stations which will be installed along the pipeline.
	www.sudantribune.com /article.php3?id_article=6491 (717 words)

	No. 00-F 49 (Site not responding. Last check: 2007-10-26)
		Sinopec's immediate response to the CNPC/PetroChina debacle was to delay bringing its IPO to market from April to November.
		Sinopec's removal of Sudanese operations marked a more radical attempt to distance itself from the controversial country.
		Sinopec's listing in Hong Kong, New York and London later this month is considered crucial for revamping a sprawling, inefficient state company, but one that foreign industry executives believe has massive potential.
	www.security-policy.org /papers/2000/00-F49.html (1145 words)

	GN Online: Sinopec to buy sister firm Sinopec National Star
		Sinopec, which is relatively weak in crude oil production and exploration, will also assume National Star's net debt, which was about 2.68 billion yuan at end- 2000.
		Sinopec's proved reserves will grow by 20 per cent to 3,740 million barrels of oil equivalent (BOE) from 3,118 million BOE, while percentage of proved undeveloped reserves will rise to 28 per cent from 17 per cent of its total proved reserves.
		Sinopec Corp estimates that by 2005, its refineries, chemical plants and gas stations could consume about 124 billion cubic feet of natural gas per year.
	www.gulf-news.com /Articles/print.asp?ArticleID=19678 (809 words)

	Alexander's Gas & Oil Connections - US discourages Sinopec from bidding in Iranian oil-field
		It is due to this reason that the Sinopec put up a lot of high-sulphur oil refineries in south and east China since the crude oil from the Middle East is of high-sulphur content.
		The Americans hope that the Sinopec would withdraw because it grudges sharing the admission coupon to the grand banquet obtained by means of war and "blood" with any one "especially China", remarked Pan Jiping.
		When they opened their markets to the countries like China and India we are not innocent of their initial motives, namely to take advantages in which the fisherman "benefits from the tussle between a snipe and a clam" as a third party.
	www.gasandoil.com /goc/company/cnm40804.htm (1899 words)

	Business Wire: Sinopec Shanghai Petrochemical Implements AspenTech's Polymer Process Control Solution at Spheripol ...
		Sinopec Shanghai Petrochemical Co., Ltd (SPC) is deploying the solution at its Spheripol polypropylene plant in Jinshan, China, where it will enable the company to optimize execution of product transitions and improve steady-state quality performance.
		Sinopec Corp. was established on February 25, 2000 with a registered capital of 86.7 billion Renminbi (yuan).
		Sinopec has 16 synthetic resin plants, including those operated by its Shanghai Petrochemical Co. subsidiary, with a total capacity of 4.28 million tons per year.
	www.findarticles.com /p/articles/mi_m0EIN/is_2004_May_11/ai_n6020820 (800 words)

	Alexander's Gas & Oil Connections - Sinopec's Caspian oil trade plan may trigger US trade sanctions
		But Sinopec's investment is throwing the president-elect a foreign policy curve ball even before he takes office, and observers say many assumptions about ILSA sanctions could go out the window.
		Another twist in the Sinopec deal is that it would compete with the US-backed plan to export Caspian crude through Azerbaijan and Georgia to Turkey's Mediterranean port of Ceyhan.
		Sinopec finished deals for exploration rights in Iran as well as a contract to upgrade and expand Iran's Tehran and Tabriz refineries and its Caspian port facilities at Neka.
	www.gasandoil.com /goc/company/cnc10685.htm (734 words)

	Sinopec Corp. Announces Record Profits for FY2004 -- YoY Increase of Over 60% \| American International Automobile ... (Site not responding. Last check: 2007-10-26)
		The Board of Sinopec Corp. proposed a dividend distribution of RMB 0.12 per share for the full year of 2004.
		Thanks to the hard work and dedication of the employees, Sinopec Corp. is confident that, in the forthcoming year, the Company will improve its production and operating results, deepen corporate reform, strengthen structural adjustment to realize sustainable and effective development.
		Sinopec Corp. is the first Chinese company that has been listed in Hong Kong, New York, London and Shanghai.
	www.aiada.org /article.asp?id=36264 (3066 words)

	No. 01-F 05 (Site not responding. Last check: 2007-10-26)
		American human-rights activists have sharply criticized Sinopec for its investments in the Sudan, where the government is repressing the Christian minority in the part of the country.
		But Sinopec's investment is throwing the president-elect a foreign policy curve ball even before he takes office this weekend, and observers say many assumptions about ILSA sanctions could go out the window.
		Sinopec finished deals last week for exploration rights in Iran as well as a contract to upgrade and expand Iran's Tehran and Tabriz refineries and its Caspian port facilities at Neka.
	www.security-policy.org /papers/2001/01-F05.html (1258 words)

	Dow Chemical and Sinopec/Tianjin Petrochemical Plan Joint Investment In Petrochemical Project in Tianjin
		Sinopec is the largest supplier of petrochemical products in China and is influential in China's petrochemical industry.
		Sinopec brings a thorough understanding of China and its markets, as well as its high quality human resources.
		Sinopec is the largest petrochemical supplier in China and is mainly engaged in the production and sales of petroleum and energy based refining, petrochemicals, synthetic fiber, synthetic rubber, synthetic resins, fertilizer, and basic organic chemical raw materials.
	www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/6-23-97/262241&EDATE= (638 words)

	RIGZONE - Sinopec Henan Oilfield in Study of Nigeria Oil Prospects
		Sinopec Henan Oilfield Co. has started a feasibility study into two potentially major oil prospects in Nigeria to determine possible reserves and design development plans, a Henan official said Thursday.
		Sinopec Corp. is already producing at Stubb Creek field in Nigeria with a daily flow rate of 4,000 barrels.
		Sinopec is interested in west African oil prospects due to the area's huge reserve potential and China's good relationship with African countries.
	www.rigzone.com /news/article.asp?a_id=12758 (254 words)

	Boston.com / Business / Shell, Sinopec launch China joint venture (Site not responding. Last check: 2007-10-26)
		Sinopec will hold a 60 percent share in the 1.55 billion yuan ($187 million) joint venture, with Shell China Holdings BV and Shell (China) Ltd. holding 30 percent and 10 percent shares, respectively, Shell said.
		It said 180 of the 500 joint venture gas stations, to be acquired or leased from Sinopec's existing network, would be open by the end of 2004.
		As part of a deal for the world's three biggest oil companies to back Sinopec's listing on overseas stock markets in 2000, Sinopec set agreements with Shell, Britain's BP Amoco and Irving, Texas-based Exxon Mobil Corp. to each operate 500 joint venture gas stations, state media reported.
	www.boston.com /business/articles/2004/08/31/shell_sinopec_launch_china_joint_venture (323 words)

	LUBE REPORT: Sinopec Forms Lubes Subsidiary
		Sinopec, China’s second-biggest oil company, has integrated its lubricants operations to cope with foreign competition that is expected to stiffen as barriers to trade are reduced.
		Sinopec officials said the new business would be better positioned to take advantage of well recognized brand names.
		Sinopec is made up of a variety of formerly separate oil companies, and the new company will combine their lubricants operations, including Changcheng Lube Oil Co., Yiping Lube Oil Co., Chongqing and the lubes activities of Gaoqiao Co., Maoming Co., Jinan Co. and Jingmen Co.
	www.imakenews.com /lng/e_article000076083.cfm (514 words)

	GN Online: Sinopec to slash costs, expand retail market
		Sinopec plans to boost its crude processing volume by 4.8 per cent year-on-year to 110 million tonnes in 2001 from 105 million tonnes last year, he said.
		Sinopec aimed to boost its refining utilization rate to at least 84 per cent this year from 81 per cent in 2000, he added.
		Sinopec had 17,200 petrol stations as of the end of June 2000, compared to 11,374 at the end of 1999, giving it 31 per cent of China's market.
	www.gulf-news.com /Articles/news.asp?ArticleID=10091 (585 words)

	ABC News: Sinopec Says Profit Rises 17 Percent (Site not responding. Last check: 2007-10-26)
		Beijing-based Sinopec produced 136.7 million barrels of crude oil and 104.8 billion cubic feet of natural gas in the first six months.
		Sinopec said its capital expenditure in the first half was 22.55 billion yuan ($2.79 billion), of which 45 percent was used in oil exploration and production.
		Its proved oil reserves as of the end of June 2005 dropped 0.9 percent on year to 3.2 billion barrels, while natural gas reserves fell almost 6 percent to 3,446.3 billion cubic feet.
	abcnews.go.com /Business/wireStory?id=1076010&CMP=OTC-RSSFeeds0312 (377 words)

	GN Online: Shell selling $748m in Sinopec shares
		Shell is selling about 1.85 billion shares in Sinopec, the bulk of its holding in Asia's largest refiner, at HK$3.088 to HK$3.153 per share, market sources said yesterday.
		As of June 30, Shell held 1.966 billion of Sinopec's H shares, or 2.27 per cent of the company.
		Sinopec was listed in October 2000 at HK$1.59 per share, and Shell was one of its original investors.
	www.gulf-news.com /Articles/news.asp?ArticleID=114672 (473 words)

	Planet Ark : Sinopec plans $1.2 bln refinery in Hainan - sources
		Sinopec is confident of winning Beijing's approval soon for the 10 billion yuan investment, nearly one-seventh of the tropical island's economy, which has attracted interest from cash-rich Chinese banks, they said.
		Sinopec, China's second-largest state oil giant, took over the project in 2003 after Beijing shelved a proposal mooted by a Hong Kong business group in the mid-1990s due to concerns of over-capacity and environmental issues.
		The adviser said Sinopec was invited by the provincial government of Hainan, famed for its beaches and rainforests, to boost its tourism-dependent local economy.
	www.planetark.com /dailynewsstory.cfm/newsid/26567/story.htm (750 words)

	Alexander's Gas & Oil Connections - BP and Sinopec plan oil retail joint venture in eastern China (Site not responding. Last check: 2007-10-26)
		The company said Sinopec will supply oil products for retail at these joint venture stations "before market deregulation." According to the World Trade Organization rules, China will open its oil retail market three years after it joins the WTO and oil wholesale market five years after its entry.
		In June, Sinopec and Shell Group are expected to establish a similar joint venture to establish 500 gasoline stations to market oil products in seven cities in eastern China's Jiangsu province.
		In special arrangements with Sinopec during its initial public offerings in October 2000, Shell, BP and Exxon Mobil signed strategic partnership agreements separately with Sinopec to participate in Sinopec's oil and gas exploration, oil refinery expansion as well as the oil retail business.
	www.gasandoil.com /goc/company/cns22648.htm (393 words)

	March 10, 2005 Writen Testimony for Gary Milhollin
		Among Sinopec’s many subsidiaries are two that have been sanctioned a total of four times since 1997 for selling chemical weapons equipment and technology to Iran.
		In October 1998, Sinopec beat out competing bids from a host of European companies for the renovation of oil refineries in Tehran and Tabriz and the construction of an oil terminal port near Neka on the Caspian Sea.
		Sinopec has also benefited from joint ventures with American companies and access to the U.S. economy and capital markets.
	www.uscc.gov /hearings/2005hearings/written_testimonies/05_03_10wrtr/milhollin_gary_wrts.htm (1904 words)

	Sinopec Corp said on Monday its proven reserves of oil and gas fell - Gold & Silver Forum (Site not responding. Last check: 2007-10-26)
		State-controlled Sinopec said its proved reserves of oil and gas fell 3.54 percent year-on-year to 3.74 billion barrels of oil equivalent in 2003.
		Xihu Trough is a multi-billion dollar project which Sinopec is jointly developing with China's top offshore oil and gas producer CNOOC Ltd (CEO) (0883), Royal Dutch Shell (SHEL) (RD) and Unocal Corp (UCL).
		Sinopec and CNOOC each have a 30 percent stake in the project while the two foreign firms have a 20 percent stake
	www.goldismoney.info /forums/showthread.php?t=9271 (311 words)

	CNN.com - BP sells stake in Sinopec - Feb. 10, 2004
		The British giant's disposal of its 2.1 percent Sinopec holding follows a similar move last month when BP unloaded its two percent position in China's biggest oil firm, PetroChina, for US$1.66 billion.
		Sinopec shares skidded 5.9 percent to close at HK$3.175 on Tuesday, just before the placement was announced.
		Sinopec spokesman Chen Ge said the firm had been told by both Exxon and Shell that neither had plans to unload their stakes.
	cnn.com /2004/BUSINESS/02/10/bp.sale.reut (469 words)

	Sinopec - Wikipedia, the free encyclopedia
		Sinopec, the China Petroleum and Chemical Corporation (Chinese: 中国石化, HKEX: 386; NYSE: SNP; LSE: SNP), is one of the major petroleum companies in China.
		Sinopec's business includes oil and gas exploration, refining, and marketing; production and sales of petrochemicals, chemical fibers, chemical fertilizers, and other chemical products; storage and pipeline transportation of crude oil and natural gas; import, export and import/export agency business of crude oil, natural gas, refined oil products, petrochemicals, and other chemicals.
		This page was last modified 21:40, 15 October 2005.
	en.wikipedia.org /wiki/Sinopec (101 words)

	WorldNetDaily: Chinese oil giant buys into Iraq, stock market
		Sinopec officials stated the contract wouldn't become effective until it is approved by the United Nations, which has imposed sanctions on Iraq for its invasion of Kuwait 10 years ago.
		The news that Sinopec was in business with Iraq broke just after Sinopec subsidiary, Zhongyuan Petroleum Corp., had previously come under fire for business ties in war-torn Sudan.
		The Sinopec offering, underwritten by Morgan Stanley Dean Witter, occurred just as U.S. stocks were bloodied in early trade losses, with the blue-chip Dow industrials index plummeting more than 420 points in the morning, putting it below 10,000.
	www.worldnetdaily.com /news/article.asp?ARTICLE_ID=20648 (1185 words)

	Sinopec Begins Implementation of AspenTech’s Polymer Process Control Solution at Polypropylene Plant
		Sinopec is the largest producer of petrochemicals in China, and the fastest growing polyolefin producer in the Asia Pacific region.
		Sinopec Corp. is the largest producer and marketer of petrochemicals in China, with plants located in the well-developed markets of North, South and East China.
		Sinopec has 16 synthetic resin plants, including those operated by its Beijing Yanshan Petrochemical Co. subsidiary, with a total capacity of 4.12 million tons per year.
	www.aspentech.com /publication_files/pr12-2-03.htm (914 words)

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